Sterling, UT is a great place to live for those looking for affordable housing and everyday necessities. The average 2 bedroom rent in Sterling is significantly lower than the US average at $850 versus $1,430. Additionally, grocery cost index in Sterling is 92% compared to 100% over the United States. Local companies such as Rocky Mountain Biomass, Rimrock Excavation & Drilling and Uintah Basin Title all provide valuable services to the local community. All of this makes Sterling an ideal place to live and work with its cost of living advantages.
Sterling has an unemployment rate of 3.0%. The US average is 6.0%.
Sterling has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Sterling
- The Sales Tax Rate for Sterling is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Sterling is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sterling
- The average income of a Sterling resident is $22,469 a year. The US average is $28,555 a year.
- The Median household income of a Sterling resident is $57,273 a year. The US average is $69,021 a year.